Real Estate Investment Properties for Sale in Salem, VA

Looking for investment property in Salem, VA with high ROI ?

Explore a variety of short-term homes & houses in Salem, VA. Invest wisely with VRBO & Salem, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Salem, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
112 UPLAND DR Salem, VA A GREAT LAYOUT AND LOCATION FOR A FAMILY HOME. NEW LVP FLOORING, CARPET IN BEDROOMS, FIXTU...	4 beds \| 3 baths \| 2,338 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 5.33%
4273 Daugherty RD Salem, VA This beautiful one owner 3 bedroom, 2 full bath patio home is a must to see! Largest lot i...	3 beds \| 2 baths \| 2,044 sq.ft.	$450,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 3.21% Airbnb Rental Income: $2110 Traditional Rental Income: $2303 Airbnb ROI: 1.47% Traditional ROI: 3.21%
5615 Prunty DR Salem, VA Welcome to your new home! This beautiful 4 bedroom, 3 bath, split foyer sits on a generous...	4 beds \| 3 baths \| 1,850 sq.ft.	$362,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $2441 Airbnb ROI: N/A Traditional ROI: 5.06%
1639 Sunset AVE Salem, VA Driving down the secluded Street of Sunset, you'll pull up to 1639, where you'll enjoy set...	4 beds \| 2 baths \| 2,467 sq.ft.	$259,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $2305 Airbnb ROI: N/A Traditional ROI: 7.36%
2517 Brandy Run DR Salem, VA Your Private Sanctuary Awaits - A One-of-a-kind Retreat in West Roanoke County. Welcome to...	3 beds \| 4 baths \| 4,316 sq.ft.	$749,950	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.86% Airbnb Rental Income: $2110 Traditional Rental Income: $2797 Airbnb ROI: 0.11% Traditional ROI: 1.86%
826 Red LN Salem, VA A stately home that's ready for new owners and all of their touches! The 1st floor showcas...	3 beds \| 3 baths \| 2,232 sq.ft.	$374,500	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.2% Airbnb Rental Income: $2110 Traditional Rental Income: $2598 Airbnb ROI: 2.27% Traditional ROI: 5.2%
855 Stonegate CT Salem, VA Welcome to this beautifully designed one-level home located in Stonegate Court, perfect fo...	2 beds \| 2 baths \| 1,222 sq.ft.	$269,950	Airbnb cash on cash: 4.01% Traditional cash on cash: 3.66% Airbnb Rental Income: $2367 Traditional Rental Income: $1694 Airbnb ROI: 4.01% Traditional ROI: 3.66%
1703 Springfield AVE Salem, VA Discover the perfect blend of vintage character and modern comfort in this beautifully rei...	4 beds \| 2 baths \| 2,587 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $2443 Airbnb ROI: N/A Traditional ROI: 5.63%
4901 Glenvar Hights Boulevard Salem, VA Back On Market Due To No Fault Of Seller's. Welcome to the exceptional custom brick ranch...	5 beds \| 5 baths \| 4,952 sq.ft.	$494,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $4122 Airbnb ROI: N/A Traditional ROI: 6.88%
4377 West Main ST Salem, VA A Renovated Historical Estate. Possibilities for a great family estate home or venue or b...	4 beds \| 5 baths \| 5,931 sq.ft.	$1,149,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $4522 Airbnb ROI: N/A Traditional ROI: 2.69%
4630 Deer Trail DR Salem, VA Welcome to this charming log-style home on 5.46 private acres in Salem with mountain views...	3 beds \| 4 baths \| 3,053 sq.ft.	$699,950	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.33% Airbnb Rental Income: $2110 Traditional Rental Income: $2844 Airbnb ROI: 0.38% Traditional ROI: 2.33%
3310 Bennett Springs RD Salem, VA Completely renovated ranch home with a 2-car garage on 2 acres of cleared land and bordere...	3 beds \| 2 baths \| N/A	$299,950	Airbnb cash on cash: 3.63% Traditional cash on cash: 4.34% Airbnb Rental Income: $2110 Traditional Rental Income: $1771 Airbnb ROI: 3.63% Traditional ROI: 4.34%
5506 New Pleasant Way Salem, VA New Subdivision in Roanoke County/Glenvar School district. 1 level living with Open Floor ...	3 beds \| 3 baths \| 1,675 sq.ft.	$407,500	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.43% Airbnb Rental Income: $2110 Traditional Rental Income: $2218 Airbnb ROI: 1.73% Traditional ROI: 3.43%
402 7th ST Salem, VA Seller to credit purchaser $5,000 towards closings costs with full price contract. Come se...	4 beds \| 3 baths \| 1,640 sq.ft.	$294,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.79% Airbnb Rental Income: $null Traditional Rental Income: $2383 Airbnb ROI: N/A Traditional ROI: 6.79%
4530 Lomond CIR Salem, VA Discover the perfect blend of comfort and convenience in this charming one-level home in T...	3 beds \| 2 baths \| 1,835 sq.ft.	$357,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.08% Airbnb Rental Income: $2110 Traditional Rental Income: $2090 Airbnb ROI: 2.53% Traditional ROI: 4.08%
919 LOGAN ST Salem, VA HARDWOOD FLOORS REFINISHED 7/30/25 CAME OUT BEAUTIFUL. BEST OF SALEM AREA, LOCATION AND SC...	3 beds \| 2 baths \| 1,680 sq.ft.	$310,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 4.27% Airbnb Rental Income: $2110 Traditional Rental Income: $1885 Airbnb ROI: 3.19% Traditional ROI: 4.27%
4244 Bradshaw RD Salem, VA Nicely updated home situated on 1+ acres. Beautiful private level lot with numerous out b...	3 beds \| 1 baths \| 1,100 sq.ft.	$308,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 3.67% Airbnb Rental Income: $2110 Traditional Rental Income: $1583 Airbnb ROI: 3.62% Traditional ROI: 3.67%
5508 Old Grove Lane Salem, VA Newer Subdivision in Roanoke Co/Glenvar School district. Open Floor plan with laundry and...	3 beds \| 3 baths \| 2,080 sq.ft.	$429,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.23% Airbnb Rental Income: $2110 Traditional Rental Income: $2241 Airbnb ROI: 1.56% Traditional ROI: 3.23%
5510 New Pleasant Way Salem, VA This home is in the process of completing the interior. This home has 4 bedroom with Prim...	4 beds \| 3 baths \| 2,070 sq.ft.	$414,750	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $2508 Airbnb ROI: N/A Traditional ROI: 4.09%
5548 Old Grove Lane Salem, VA The Charleston Plan has been the most popular for the builder and this particular home has...	3 beds \| 3 baths \| 1,685 sq.ft.	$439,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 3.11% Airbnb Rental Income: $2110 Traditional Rental Income: $2249 Airbnb ROI: 1.46% Traditional ROI: 3.11%
5595 New Pleasant Way Salem, VA Excellent opportunity - to have a lot of square footage for a great price! This home in t...	4 beds \| 4 baths \| 1,955 sq.ft.	$379,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $2618 Airbnb ROI: N/A Traditional ROI: 4.79%
5995 Twine Hollow RD Salem, VA If you're looking for a little space and privacy then you will not want to miss this oppor...	5 beds \| 3 baths \| 2,794 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $2744 Airbnb ROI: N/A Traditional ROI: 4.51%
2710 Harborwood Road Salem, VA Nestled in a tranquil setting, this 3-bedroom, 2-full bath home offers the perfect private...	3 beds \| 2 baths \| 1,728 sq.ft.	$354,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 4.1% Airbnb Rental Income: $2110 Traditional Rental Income: $2108 Airbnb ROI: 2.48% Traditional ROI: 4.1%
938 Roanoke BLVD Salem, VA Pro Photos Coming Soon. Stately renovated home on a flat double lot, stunning mountain vie...	4 beds \| 2 baths \| 1,872 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $2183 Airbnb ROI: N/A Traditional ROI: 3.71%
3065 Isabel LN Salem, VA Beautifully maintained 5 Bedroom, 3.1 bath home in great Salem/Roanoke County neighborhood...	5 beds \| 4 baths \| 2,653 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2930 Airbnb ROI: N/A Traditional ROI: 4.5%
1744 High Gate LN Salem, VA SELLERS ARE MOTIVATED TO SELL!!!Located in the highly sought-after Russlen Farms community...	4 beds \| 4 baths \| 2,992 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $2818 Airbnb ROI: N/A Traditional ROI: 3.48%
416 Dalewood AVE Salem, VA Bring all offers!! $5k price improvementand sellers will pay up to $5k in purchaser's clos...	3 beds \| 1 baths \| 1,609 sq.ft.	$234,950	Airbnb cash on cash: 4.85% Traditional cash on cash: 5.01% Airbnb Rental Income: $2110 Traditional Rental Income: $1603 Airbnb ROI: 4.85% Traditional ROI: 5.01%
4737 Bradshaw RD Salem, VA Beautiful urban micro farm waiting for you. Abundant wildlife with amazing opportunity for...	3 beds \| 1 baths \| 1,470 sq.ft.	$329,950	Airbnb cash on cash: 3.05% Traditional cash on cash: 3.22% Airbnb Rental Income: $2110 Traditional Rental Income: $1623 Airbnb ROI: 3.05% Traditional ROI: 3.22%
5412 Sundance RD Salem, VA Welcome to 5412 Sundance Drive, located in the highly desirable Cherokee Hills subdivision...	4 beds \| 3 baths \| 2,142 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $2617 Airbnb ROI: N/A Traditional ROI: 4.63%
1030 Craig AVE Salem, VA Welcome to this beautifully updated 3-bedroom, 2-bath home offering modern comfort and cha...	3 beds \| 2 baths \| 2,496 sq.ft.	$299,950	Airbnb cash on cash: 3.25% Traditional cash on cash: 5.61% Airbnb Rental Income: $2110 Traditional Rental Income: $2238 Airbnb ROI: 3.25% Traditional ROI: 5.61%
423 Parkdale DR Salem, VA New refinished hardwood floors. NEW PAINT!!!! Kitchen Vinyl has been replaced. Roof has b...	2 beds \| 1 baths \| 849 sq.ft.	$209,950	Airbnb cash on cash: 6.74% Traditional cash on cash: 4.96% Airbnb Rental Income: $2367 Traditional Rental Income: $1430 Airbnb ROI: 6.74% Traditional ROI: 4.96%
2105 MOUNTAIN AVE Salem, VA ONE AND A HALF STORY WITH LARGE 2 CAR GARAGE WITH LIFT..GREAT FOR CAR RESTORATION OR DIY ....	3 beds \| 1 baths \| 1,274 sq.ft.	$224,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 5.63% Airbnb Rental Income: $2110 Traditional Rental Income: $1688 Airbnb ROI: 5.07% Traditional ROI: 5.63%
1930 McVitty RD Salem, VA Enjoy the ease of one-level living in this beautifully designed home featuring an open flo...	3 beds \| 3 baths \| 1,908 sq.ft.	$399,950	Airbnb cash on cash: 2.47% Traditional cash on cash: 4.41% Airbnb Rental Income: $2110 Traditional Rental Income: $2299 Airbnb ROI: 2.47% Traditional ROI: 4.41%
522 Pennsylvania AVE Salem, VA Completely remodeled home in the heart of Salem stripped to the studs and rebuilt offering...	2 beds \| 2 baths \| 1,644 sq.ft.	$269,950	Airbnb cash on cash: 5.03% Traditional cash on cash: 5.32% Airbnb Rental Income: $2367 Traditional Rental Income: $1859 Airbnb ROI: 5.03% Traditional ROI: 5.32%
519 N Bruffey ST Salem, VA This cute and comfy 2-bedroom, 1-bath home on North Bruffey Street is full of charm and re...	2 beds \| 1 baths \| 832 sq.ft.	$179,950	Airbnb cash on cash: 7.86% Traditional cash on cash: 5.48% Airbnb Rental Income: $2367 Traditional Rental Income: $1377 Airbnb ROI: 7.86% Traditional ROI: 5.48%
4933 Warrior DR Salem, VA This beautifully maintained 2-story brick and vinyl home offers the perfect blend of comfo...	4 beds \| 3 baths \| 2,191 sq.ft.	$429,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $2646 Airbnb ROI: N/A Traditional ROI: 4.37%
1109 Stoutamire DR Salem, VA Welcome home to this charming beautifully maintained 3-bedroom, 2-bath ranch in the Fores...	3 beds \| 2 baths \| N/A	$340,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 4.1% Airbnb Rental Income: $2110 Traditional Rental Income: $1889 Airbnb ROI: 3.1% Traditional ROI: 4.1%
5140 GLENVAR HEIGHTS BLVD Salem, VA GREAT LOCATION, SCHOOLS, HOME, AND LOT. FOUR BEDROOMS AND 2.5 BATHS. MOVE-IN READY. HUGE C...	4 beds \| 3 baths \| 2,242 sq.ft.	$349,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $2884 Airbnb ROI: N/A Traditional ROI: 6.88%
1848 Mountainwood DR Salem, VA NESTLED IN THE MOUNTAINS OF WEST ROANOKE COUNTY IN SALEM IS THIS ADORABLE ONE LEVEL HOME O...	3 beds \| 2 baths \| 1,152 sq.ft.	$299,950	Airbnb cash on cash: 3.72% Traditional cash on cash: 4.26% Airbnb Rental Income: $2110 Traditional Rental Income: $1722 Airbnb ROI: 3.72% Traditional ROI: 4.26%

Real Estate investment in Salem, VA

There are 43 properties for sale in the city of Salem . The median list price in Salem is $352,425 and the average price per square foot is $169. In October 2025, the average monthly cash on cash return in Salem is 4.00%. The average monthly rental income in Salem is $2,241.

Salem, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 43 investment properties available for sale in Salem.

In 2025, the best neighborhood to buy investment property is Salem.

The ROI for Long-Term is higher than the Short-Term in Salem with average rental income of $2,241.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, VA

112 UPLAND DR

Salem, VA

4 beds | 3 baths | 2,338 sq.ft.

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2679

Airbnb ROI: N/A

Traditional ROI: 5.33%

4273 Daugherty RD

Salem, VA

3 beds | 2 baths | 2,044 sq.ft.

$450,000

Airbnb cash on cash: 1.47%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $2110

Traditional Rental Income: $2303

Airbnb ROI: 1.47%

Traditional ROI: 3.21%

5615 Prunty DR

Salem, VA

4 beds | 3 baths | 1,850 sq.ft.

$362,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.06%

Airbnb Rental Income: $null

Traditional Rental Income: $2441

Airbnb ROI: N/A

Traditional ROI: 5.06%

1639 Sunset AVE

Salem, VA

4 beds | 2 baths | 2,467 sq.ft.

$259,950

Airbnb cash on cash: N/A

Traditional cash on cash: 7.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2305

Airbnb ROI: N/A

Traditional ROI: 7.36%

2517 Brandy Run DR

Salem, VA

3 beds | 4 baths | 4,316 sq.ft.

$749,950

Airbnb cash on cash: 0.11%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $2110

Traditional Rental Income: $2797

Airbnb ROI: 0.11%

Traditional ROI: 1.86%

826 Red LN

Salem, VA

3 beds | 3 baths | 2,232 sq.ft.

$374,500

Airbnb cash on cash: 2.27%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $2110

Traditional Rental Income: $2598

Airbnb ROI: 2.27%

Traditional ROI: 5.2%

855 Stonegate CT

Salem, VA

2 beds | 2 baths | 1,222 sq.ft.

$269,950

Airbnb cash on cash: 4.01%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $2367

Traditional Rental Income: $1694

Airbnb ROI: 4.01%

Traditional ROI: 3.66%

1703 Springfield AVE

Salem, VA

4 beds | 2 baths | 2,587 sq.ft.

$339,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2443

Airbnb ROI: N/A